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India’s central bank cuts rates by 25 bps; changes stance to ‘accommodative’ The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) today cut repo rate, or its key lending rate, by 25 basis points to 6 per cent – the lowest since November 2010. Falling.
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Photo of the day. The warped shape of the stellar disk of the Milky Way galaxy, determined by mapping the distribution of young stars called cepheids with distances set out in light years, is seen over the warsaw university telescope at Las Campanas Observatory in.